Shackled to debt
INDUSTRY experts warn that mortgage customers will be shackled to their lenders (The Advertiser, 12/1/19).
“Shackled” is an interesting term to describe a modern-day form of debt peonage. Even more interesting is that debtors should be described as customers.
All debt, including bank card debt, shackles borrowers and not only to the lender but to their employer.
Debt has a very sobering influence on wage demands, and arguably accounts for the slow wages growth over the past few years. It’s a brave employee who threatens to strike for higher wages when shackled with debt. BOB RUWOLDT, Seacombe Heights evening. I felt affronted. How dare he presume to contact me.
I also have a “no junk mail” sticker on my mailbox, which has been traversed at least twice by Mr Palmer’s team, who think they can disregard my request.
I can think of no better example of “junk” than that which flows from Palmer’s party.
This bully-boy tactic of overriding people’s clear requests is typical of a man who has used his wealth and his inflated view of his own opinions to disregard common decency. Shame on Clive Palmer. STEPHAN CLARK, Allenby Gardens
Humanity is now in an age where long-term environmental ethics must take precedence over short-term human interests.
At a political level, ethical legislation should prioritise urgent action to protect our irreplacable, precious natural environment from further harm and educate everyone in ways to live sustainably with nature, not against it.
SIMONE HUNTER, Hove